Keeping Ahead of Recruitment Trends
As a specialist financial recruitment agency, it’s important to us that we’re always ahead of recruitment trends. At the start of each year, therefore, we like to take the time to reflect on what was big in recruitment the previous year, and also take a look at how different recruitment trends and challenges will affect us going forward.
As a candidate or employer yourself, being aware of recruitment trends will also help you to either find your ideal role, or to hire and retain top talent. It’s also why it’s a good idea to work with a specialist recruitment agency for your industry, as we will always aim to be at the forefront of modern recruiting. With this in mind, here are the recruitment trends that we feel will be big in 2018:
There is Positivity
Looking ahead, the recruitment market looks positive. In 2016/17, recruiters placed nearly a million people into a new permanent job and every day there are 1.3 million temporary workers active in the labour market. Furthermore, the recruitment industry’s turnover was £32.2 billion.
Over the next 3 years the Recruitment & Employment Confederation expect the recruitment market to get 10% bigger. This is excellent news if you are job hunting.
Flexible Labour remains Strong
The gig economy and flexible working will still remain strong this year, we believe. The majority of temporary assignments tend to be over 12 weeks long, with a few exceeding twelve months. This highlights how our flexible labour market remains healthy, offering convenience to people who want flexible work and short term labour to employers who are seeking it.
Employee Engagement is Key
Modern recruiters need to focus on employee engagement. Work life balance is becoming more and more important for employees. Candidates are increasingly prioritising employers who offer perks such as health and wellness programs or the flexibility to start and leave early or work from home.
Recruitment Experience is just as Crucial
Similarly, the recruitment experience will be crucial this year. Recruitment is evolving fast to meet the ever-changing demands of the clients it serves. It is important therefore to understand and utilise the technology that can enhance the client experience.
Recruitment is also about people and ensuring our interaction with each individual is as positive as it can be is very important to us. If you’re not sure of the best way to recruit the top talent, why not speak to a specialist recruiter in order to simplify the recruiting experience?
2018 won’t be without its Challenges
The biggest challenge for the recruitment industry for the coming year will be the uncertainty over how the UK will fare after leaving the EU. There will potentially be a shortage of certain skills and talents in the candidate pool.
In the world of accountancy, the greatest shortages will be in the form of commercial and analytical accountants and those with strong IT skills, including strong skills in data and modelling as well as Microsoft Excel.
However, there is no cause for concern for those recruiting for vacancies. The recruitment industry has the ability to help the economy perform well. Similarly, we can help businesses to find the skills and talent they need to manage challenges and facilitate business growth.
As a specialist financial recruitment agency, Essex, Suffolk and Kent based employers can rest assured that by using our extensive knowledge and candidate database we will still be able to fill these vacancies. Whether you are looking to recruit, or job hunting yourself, why not get in touch with MacKenzie King today to see how we can help you to stay ahead of recruitment trends?